Page 7 - Layoff

Lay offs deepen at chip-maker Intel, 201 jobs to be cut by January 31

The company in December anticipated it would be reducing 90 jobs in Santa Clara

Swiggy lays off 380 employees, CEO says 'very difficult decision': Report

CEO Sriharsha Majety said the growth rate has slowed down more than the company's projections

SaaS company Icertis lays off employees despite raising impressive funds

As last reported, Icertis had more than 2,400 employees globally

Auditors of GoMechanic had raised several red flags in accounting: Report

The firm did not maintain inventory records for receipts and issuance of goods directly received by the customers

General Motors' employee union sues global CEO Mary Barra: Report

The company has failed to pay the 1,086 workers it laid off in 2017 while exiting the Indian market

WeWork to cut 300 jobs globally as inflation weighs on workspace spending

The company said on Thursday it expects to report fourth-quarter revenue and adjusted EBITDA above its earlier expectations

Reversing Covid-era excesses: Big Tech braces for sackings, dismal profits

Large US technology firms expected to announce layoffs, cut costs through the next few months, say experts

Swiggy planning fresh layoffs; may cut 8-10% from 6000-strong workforce

The plan for layoffs comes at a time when Swiggy is aspiring to turn operationally profitable before its IPO

Cyber-security firm Sophos lays off 450 staff globally, including in India

Sophos announced an internal restructuring which has resulted in job losses and the start of consultation periods that potentially will affect 10 per cent of our global employee base

GoMechanic cooked the books, say investors as 70% staff is laid off

According to people in the know, investors may now ask GoMechanic founders to take leave of absence

GoMechanic to lay off 70% workforce, says made grave errors in judgement

Co-founder Amit Bhasin said GoMechanic has decided to 'restructure the business while we look for capital solutions'

Google-backed ShareChat, Dunzo hand out pink slips to employees

This comes amid the current funding crunch in the Indian start-up ecosystem

ShareChat, Dunzo to join list of startups planning mass layoffs in India

Rebel Foods, which has brands like Behrouz Biryani and Oven Story, has also reportedly cut its headcount

91 tech companies lay off over 24,000 employees in first 15 days of January

The number of layoffs reached its nadir in November, which saw 51,489 tech workers lose their jobs

Voice automation startup Skit.ai lays off over 115 employees: Report

Software-as-a-service (SaaS) voice automation startup Skit.ai has sacked more than 115 employees, mostly from its India team, as part of the "restructuring process" amid the deepening funding winter

Ola Cabs starts laying-off employees; issues pink slips to 200 people

The company has handed pink slips to 200 people across tech, engineering and product teams as a part of its "restructuring exercise"

Alphabet robotics division Intrinsic lays off 20% of total workforce

'Intrinsic's leadership has made the difficult decision to let go a number of our team members,' a company spokesperson was quoted as saying

Video programming distributor DirecTV to layoff hundreds of workers

The employees were notified last week of the layoffs, which will take effect on January 20, according to the report

We are laying off 20% of workforce: Scale AI CEO Wang writes in blogpost

The macro environment has changed dramatically in recent quarters, which is something I failed to predict: CEO

Amazon plans to shut three UK warehouses; 1.2K likely to lose jobs

Amazon is adjusting to a slowdown in online shopping after consumers resumed their pre-pandemic retail habits